Advisors will be watching for taxes targeting high earners, capital gains and wealth inequality
Here’s what's been proposed for financial institutions, taxes, housing and more
The proposed top tax rate would revert to 39.6% on couples earning more than $450,000
The party would also cap the small business tax rate at 9% but raise the corporate tax rate to 21%
Approval of the sweeping tax package is likely at the G20 meeting Friday and Saturday
Globalization, digitalization and the need to repair post-pandemic finances are behind the global tax idea
G7 finance ministers agreed to a global minimum corporate tax of at least 15%
The proposed 15% is a floor, with further discussions encouraged to push the rate higher
The Treasury Department issued a report Thursday that outlines proposals for new measures
President Joe Biden wants to crack down on the loopholes, shelters and havens that allow multinationals to dodge taxes